Trip and Patty's focus is creating an environment of growth, profitability and proven results. Here is a an updated list of REDUCED investment properties in the Eatonton, Milledgeville, Macon, Warner Robins, Dublin, Perry and Henry County area and Move-In lease specials for the most savvy investor and business owner. If you don't see what you are looking for, call Trip Wilhoit: 478-960-4080 or Patty Burns: 478-951-5100 directly.

Ideal location for retail, fast food or office. • Convenient to I-475, Hwy 74, Mercer University Dr., Thomaston Rd., Lake Tobesofkee and Middle Georgia State University. • Property currently has 2 houses on it that have no value considered in this sale.

The Subject Property was originally developed for Hephzibah Children’s Home. The subject property consists of 2 parcels (parcel 1 & parcel 2). Sales price consists of both parcel 1 & parcel 2 and can not be subdivided.

This project will add additional lanes for traffic from SR 155 to the I-75/I-675 split. The Jonesboro Road exit will have the only on/off ramp for exclusive entry/exit from the

express lanes. Traffic will enter/exit this on/off ramp from Jonesboro Road at the intersection of Foster and Jonesboro Roads, just west of the Subject Property. For more infor-mation click the link : https://www.youtube.com/watch?v=4IR9PNMGHZg

This site is a former Golden Corral. The building (7,200 sf) is fully equipped and is located at the rear area of the property which could also be utilized.  Located in the main retail corridor.  Retail trade area pulls from 8 surrounding counties.

Ideal location for hotel, restaurant, or retail. Great visibility & traffic. Convenient to Central Georgia Technical College, The Milledgeville/Baldwin County Industrial Park, Lowe’s, The Milledgeville Mall, Georgia College and State University, many banks, restaurants and other retail.

First off, what exactly qualifies as commercial multifamily real estate? Basically, it’s a residential property with at least five separate units or dwellings. As an investment, it’s less risky than betting on income from single-family residences, because a vacancy doesn’t hit you as hard—think of an empty house generating no money at all versus one empty apartment out of ten.

Multifamily properties can be a smart investment, and there are a range of ways to fund it; you just have to decide which one is right for you.

Cash or Cash Equivalents

You hear about people paying in cash all the time, and it’s easy to picture bundles of twenties stacked in a briefcase, but cash isn’t just the literal green stuff, it’s any available money you have—meaning dollars that are not held in a qualified account with strings attached to withdrawals. Besides actual paper currency you may have in a safe deposit box, examples include money in stocks and mutual funds, CDs, and savings accounts.

Any of this money can be put to good use in multifamily real estate, which tends to be a very stable asset, but make sure that this is “extra” money. You need to protect a certain amount of savings or cash reserves for unexpected expenses like job loss, injuries, and other emergency situations.

It should also be noted that using cash comes with tax benefits. Commercial multifamily investments generate depreciation, an on-paper loss that allows for a tax deduction that can, in some cases, eliminate the need pay taxes on the property’s income for three to seven years.

Trusts can be used for investing in multifamily real estate in a similar way to cash investments, with the trust name as the investor and the trustee as the signatory. Because there are so many different forms of the estate management tools known as trusts, you should work closely with tax and real estate professionals to figure out the best course of action.

Qualified Accounts

Qualified accounts include government-approved retirement accounts, and self-directed qualified accounts that allow you to invest in almost any asset while keeping the tax advantages of an IRS-protected retirement account. Keep in mind, so-called self-directed accounts through brokerage firms aren’t usually fully self-directed; they want you to choose your investments from a list they provide, instead of directly investing your money in hard assets like real estate.

There are also tax-deferred accounts—such as self-directed IRAs, self-directed SEP-IRAs, Keogh to self-directed rollover IRAs, self-directed solo 401Ks, and 401K to self-directed rollover IRAs—that allow you to invest pre-tax dollars and benefit from tax-free growth, but any withdrawals you make will be taxed at standard rates.

Investment from any of these kinds of qualified accounts won’t give you the benefit of depreciation on paper, since the accounts already have tax advantages built-in. However, being able to take part in a stable real estate investment using pre-tax money and benefiting from tax-free growth more than makes up for it.

Then there’s the Roth IRA, which may be your best option. These accounts take post-tax money, but future gains and withdrawals are all tax-free, making them a great long-term option for stable, income-producing growth that can benefit you for the rest of your life.

Smart Borrowing

If you are able to borrow at a lower rate in order to gain returns at a higher rate, or if you can borrow in a way that allows you to transition qualified money into cash without a penalty, then you have the kind of intelligent borrowing that can be useful for investments.

A home equity loan or line of credit is one type of intelligent borrowing—if, for example, you can borrow at 3% when you can expect to get a yield of 6% or more. You’ll get the same tax advantages as cash investments, and you may be able to deduct the interest, depending on the size of the loan and your income.

Loans from company-sponsored 401K plans are another option. You may be able to borrow up to $50,000, or 50 percent of the balance in the account, whichever one is lower. Then you use the excess income to pay back the loan, pay the 6% interest back to yourself, and benefit from the equity growth of an income-earning asset.

Lastly, you can take out a loan from a Whole Life Insurance policy, but this won’t make sense unless the policy has already been completely set up and funded, which takes up to five years.

No matter how you decide to borrow for investment, you’ll find that when it comes to real estate, lenders usually prefer financing multifamily properties over single-family properties, even though they tend to be more expensive. That’s because the month to month cash flow generated by these properties tends to be much higher, meaning much less risk of people defaulting on their loans.

Real Estate

Whether you decide to sell raw land, possibly inherited, that is only sitting there, costing you more money each year in property taxes, or you decide to build on land that is in a growth area to maximize its appreciation and turn it into an income-producing asset, real estate is an investment that you can use to further other real estate investments. Make sure you consult a professional who can give you solid advice on the best way to proceed.

Under-performing Residential Income Property

Cash flow homes and other residential income property can be a great investment when you have no shortage of renters, or when you can buy low and sell high, but neither outcome is guaranteed. For the most part, purchasing and managing residential income property is best regarded as a profession rather than a passive investment. It takes a lot of work to make a profit in this way. Multifamily real estate, however, is a lot more passive and a lot more profitable, so if you own single-family properties, you may want to consider selling and transitioning into a multi-family property.

When you have all your rental units in one location, it becomes much easier to manage both tenants and maintenance. With the income generated from the property, you could also hire employees to manage the units for you, taking on the work of phone calls, audits, rent, maintenance supervision, and more.

No matter how you choose to approach the investment, commercial multifamily properties are a smart way to make your money work for you. Consult with a real estate agent to learn more about what’s available in your area.

Commercial Real Estate Sales & Investment

Trip Wilhoit & Patty Burns, Fickling & Company

We represent both Buyers and Sellers in Commercial Real Estate transactions, as well as new business development & relocation. Local State, Regional and National clients depend on our combined knowledge and experience to get the job done. It is our goal to provide you with Excellent Service and the Highest Profitability.

Have you been holding on to some commercial real estate waiting for the market to change? Now is a great time to call Trip Wilhoit: 478-960-4080 or Patty Burns: 478-951-5100 to learn more about your options.

We add new listings to our website daily. If you don't see what you are searching for, please call us, Trip Wilhoit: 478-960-4080 or Patty Burns: 478-951-5100 and we will find exactly what you are seeking.

Thank you for stopping by our website today. Investors in the Middle Georgia area, here is a complete list of our recently reduced inventory in Milledgeville, Hampton, Macon, Bonaire, and Jonesboro, Georgia. Don't see what you are looking for? Call us today and we will find it for you.

Below you will find a list of our Featured Investment Properties in Eatonton, Macon, Milledgeville, Locust Grove, Fort Valley and Branch, Georgia. If you do not see exactly what you are looking for, please call us today.

The Top 6 Reasons to Purchase Commercial Real Estate in Baldwin County

Baldwin County has a great deal to attract new businesses to the area, including a well-trained workforce, low costs, and pro-business practices. Matt Poyner, Executive Director of the Development Authority of the City of Milledgeville & Baldwin County stated, “Milledgeville & Baldwin County is centrally located in Georgia, and is the hub for the five surrounding counties, as the community has a hospital, airport, and three post-secondary institutions of higher education all located within minutes of each other.”

Real estate investing is a solid way to diversify your portfolio, because real estate is an asset you can see and touch. Although factors such as occupancy and building valuations can ebb and flow over time, the property will always remain. Commercial real estate investments dodge the kind of risks you encounter with buying stocks in a company that might take a downturn or disappear altogether.

High Yields and Regular Cash Flow

The returns on real estate offer appealing yields in comparison to investment alternatives such as stocks and bonds, or even commodities such as gold. In 2015, the NCREIF Property Index reported a 12.7% annual return, which beat other indexes such as the Dow 30, Russell 2000, and S&P 500. As a great bonus, real estate investments will usually deliver dividends monthly, quarterly or annually, providing investors with a steady cash flow.

Principal Paydown

In the case of mortgaged assets, regular dividends will be used to steadily reduce an outstanding debt, sort of like a savings program. Money paid by renters will diminish the debt over time, while also increasing equity and reducing risk.

Building Availability

The availability of buildings is key when looking into commercial properties to buy, and you can count on The Development Authority of the City of Milledgeville & Baldwin County to continually update their available buildings catalog. There are also a number of excellent local real estate companies and agents with the resources and experience to guide and advise you on the best local properties.

Construction Costs

When considering commercial real estate, local construction costs are always an issue of concern. Luckily, material and labor costs in Baldwin County are more than competitive, as are contractor overhead costs. According to RSMeans, the local score for labor and construction costs is 83, while the national average is 100.

Transportation and Proximity to Major Markets

Baldwin County offers the kind of logistics that draw in commerce. It is central to major markets and offers several modes of transport for moving cargo, including road, air, and rail. In fact, 82% of commercial markets are within 2 shipping days of Georgia. When it comes to road travel, Milledgeville is just 29 miles from I-16 and 37 miles from I-20. Matt Poyner explains, “The main north/south thoroughfare of US Highway 441 and the newly finished east/west corridor of the Fall Line Freeway both run through Baldwin County, providing ease of access to regional markets and entry into the community for retail opportunities.”

To see our featured listings in Milledgeville/Baldwin County, please click here. If you have any questions about other markets we feature or looking to list your commercial property, please call Trip Wilhoit: 478-960-4080 orPatty Burns: 478-951-5100.

Business Incentive Brochure

FINANCIAL RESOURCES

Financial resources, credit resources and business capital are available for existing Georgia businesses, small businesses and entrepreneurs. From state assistance to federal resources and venture capitalists, the Georgia Department of Economic Development helps find the right financial solutions for businesses of all sizes.

With 98 percent of Georgia’s businesses defined as small or medium sized, the impact they have on Georgia’s economy is critical. To help these entrepreneurs reach their goals, a special menu of small business resources is available that includes funding, business-to-business opportunities and start-up assistance. Explore financial resources for small businesses

Provides matching grants for projects to bring jobs to distressed areas in the Appalachian region. Applicants should develop projects in cooperation with one of the six Regional Development Centers in north Georgia.

Financing program that may be combined with traditional private financing to fund economic development projects. Priority is given to projects that will improve working conditions for low- and moderate-income people.

Georgia Commercial Real Estate

Patty Burns and Trip Wilhoit are Georgia's Commercial Real Estate experts. They have properties listed throughout the state of Georgia. Patty and Trip specialize in Investment, Property Management, Retail, Warehouse and Industrial property.